London-based firm backed by banks including NatWest, UBS, Standard Chartered plans to launch 'transparent and secure' carbon credit trading network in 2023
ShareAction warns many banks signed up to UN-affiliated Net Zero Banking Alliance are failing to set targets in line with a 1.5C pathway
Group of 11 major financial institutions back co-ordinated move calling on bank to curb fossil fuel interests
Seven multinational banks join drive to develop platform they claim will help to facilitate trade of high integrity carbon credits
The Taskforce on Scaling Voluntary Carbon Markets announces new independent governance body to oversee development of carbon offset credit principles
ClientEarth warns banks that fail to cut ties with firms engaged in oil and gas development face myriad reputational, litigation, and transition-related risks
Carney-led carbon market Taskforce has sets out plans to establish legal standards and governance body to bolster integrity of CO2 offsets, but environmental campaigners remain unconvinced
Societe Generale, Standard Chartered, and UniCredit also join working group to help unlock finance to support green steel projects
Criticism of banks' financing of environmentally-destructive industries continues to grow, but a new report argues they could play a critical role in protecting forests and driving climate action
Former Bank of England Governor recently set up a Taskforce to accelerate the development of a voluntary market for carbon offsets